Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset?

What three pieces of information do firms need to know to make production decisions?

What will be an ideal response?

A monopsonist faces an upward-sloping labor supply curve. This means that his marginal expenditures on labor are

A) greater than the wage. B) equal to the wage plus the increase in the wage resulting from hiring one more unit of labor hired. C) greater than the wage because hiring more workers requires to pay all workers more. D) All of the above.